DELHI HIGH COURT
V.KAMESWAR RAO
IRB Tumkur Chitradurga Tollway Limited – Appellant
Versus
National Highways Authority of India – Respondent
| Table of Content |
|---|
| 1. deferral of premium payment under contract. (Para 2 , 3 , 4) |
| 2. revenue shortfall analysis and premium adjustments. (Para 5 , 6 , 7 , 10 , 11) |
| 3. dispute over excess payment due to revenue shortfall. (Para 8 , 9 , 12) |
| 4. respondent's obligations and liability to the government scheme. (Para 23 , 24 , 25 , 26 , 28 , 29) |
| 5. arbitrability concerning the premium deferral scheme. (Para 80 , 81 , 84) |
JUDGMENT
V. Kameswar Rao, J. The present petition has been filed by the petitioner under Section 9 of the Arbitration and Conciliation Act, 1996 (`Act of 1996', in short) with the following prayers:
"It is therefore humbly prayed that this Hon'ble Court may be pleased to:
A. Stay the operation and effect of the Letter dated 7th August, 2019 of the Respondent whereby the Respondent has purported to revoke/withdraw the premium deferment scheme;
B. Restrain the Respondent from taking any coercive action pursuant to such revocation of the premium deferment scheme;
C. Grant ex parte ad interim orders in terms of Prayer A above;
D. Pass such further or other orders as it may deem fit and proper in the facts and circumstances of the case."
2. It is the case of the petitioner t
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